Reporting lag time is defined as the time between the onset of a work injury and the point at which a claim is filed with the insurer.
Lag time has been a hot topic in the workers' compensation debate for years. Several scientific studies have found that claims filed later tend to have higher costs. The thinking is that managing a claim earlier allows injured workers to get proper medical care, which results in faster return to work.
But a recent report by Lockton Companies brings a new spin on the lag time debate, arguing that delays are not the cause of high claim costs, but rather a symptom of poor safety and claim practices.
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